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i3 Verticals, Inc. (IIIV)

Technology | Software - Infrastructure | Nashville, United States | NasdaqGS
21.20 USD +0.17 (0.808%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 21.20

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:26 a.m. EDT

The investment case for i3 Verticals is currently bifurcated between a compelling turnaround narrative and a precarious financial reality. Fundamentally, the company shows signs of life with a massive $100 million buyback program and insider buying by the CEO, which suggests management believes the stock is undervalued. Revenue is growing at a modest 6%, and the forward P/E of 16.5 implies the market expects a sharp earnings recovery to 1.27 EPS, a necessary condition for the stock to justify its current valuation. However, the balance sheet remains a significant liability with debt nearly 20 times equity and a current ratio of just 0.5, creating substantial pressure on liquidity until the turnaround fully materializes. Technically, the stock is in a consolidation phase, trading slightly above its 50-day moving average but well below its 200-day average, indicating that the broader market has not yet fully priced in the recovery. The recent price action shows a slight upward drift, but the statistical forecast model offers almost no directional bias, highlighting the uncertainty surrounding the next move. While the options market is aggressively betting on a rally, the fundamental risks regarding solvency and the lack of a proven track record of profitability keep the long-term outlook cautious. This is a high-risk, high-reward situation suitable only for investors comfortable with volatility, rather than a definitive buy-and-hold opportunity.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.071618
AutoTheta0.072315
AutoETS0.072321
AutoARIMA0.072321

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 49%
H-stat 0.58
Ljung-Box p 0.000
Jarque-Bera p 0.104
Excess Kurtosis -0.36
Attribute Value
Sector Technology
Debt to Equity Ratio 19.536
Revenue per Share 12.262
Market Cap 592,148,096
Trailing P/E 192.73
Forward P/E 16.66
Profit Margins -2.01%
Website https://www.i3verticals.com

As of July 11, 2026, 3:26 a.m. EDT: Call volume and open interest are heavily skewed toward out-of-the-money strikes ($25 and $30), indicating speculative bets on a significant upside move. Put activity is minimal and concentrated near the money, suggesting a lack of hedging against immediate downside. Implied volatility is elevated on near-term calls relative to puts, reflecting bullish sentiment among retail traders despite the stock trading below its 200-day average.


Info Dump

Attribute Value
52 Week Change -0.25133497
Address1 40 Burton Hills Boulevard
Address2 Suite 415
All Time High 37.85
All Time Low 13.01
Ask 27.23
Ask Size 2
Audit Risk 2
Average Daily Volume10 Day 525,890
Average Daily Volume3 Month 438,072
Average Volume 438,072
Average Volume10Days 525,890
Bid 15.39
Bid Size 2
Board Risk 7
Book Value 15.451
City Nashville
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 21.2
Current Ratio 0.502
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 21.62
Day Low 21.02
Debt To Equity 19.536
Display Name i3 Verticals
Earnings Call Timestamp End 1,778,243,400
Earnings Call Timestamp Start 1,778,243,400
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda 23,008,000
Ebitda Margins 0.07852
Enterprise To Ebitda 26.677
Enterprise To Revenue 2.095
Enterprise Value 613,781,440
Eps Current Year 1.1375
Eps Forward 1.2725
Eps Trailing Twelve Months 0.11
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.5402
Fifty Day Average Change 0.6598015
Fifty Day Average Change Percent 0.032122448
Fifty Two Week Change Percent -25.133497
Fifty Two Week High 33.97
Fifty Two Week High Change -12.77
Fifty Two Week High Change Percent -0.37591994
Fifty Two Week Low 18.47
Fifty Two Week Low Change 2.7300014
Fifty Two Week Low Change Percent 0.14780734
Fifty Two Week Range 18.47 - 33.97
Financial Currency USD
First Trade Date Milliseconds 1,529,587,800,000
Float Shares 4,906,813
Forward Eps 1.2725
Forward P E 16.660118
Full Exchange Name NasdaqGS
Full Time Employees 1,202
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.19082001
Gross Profits 55,916,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0269
Held Percent Institutions 1.3175999
Implied Shares Outstanding 27,931,514
Industry Software - Infrastructure
Industry Disp Software - Infrastructure
Industry Key software-infrastructure
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,759,190,400
Long Business Summary i3 Verticals, Inc. provides enterprise software and services solutions to public sector entities in the United States and Canada. The company offers digital solutions for dynamic processes to plan, coordinate, evaluate, record, and provide up to date information within court systems; E-Filing and revenue cycle management solutions for courts; solutions for computer aided dispatch, records management, evidence management, jail management, mobile solutions, and livescan; and software solutions for vehicle title and registration, driver's license and permit management, and motor carrier compliance for departments of transportation. It also provides digital customer engagement platform, comprising web, mobile, chat, and voice options; billing and back-office management software solutions and services; solutions for school lunch programs, including meal account management, point of sale, menu planning, nutritional analysis, food inventory and free, and reduced meal applications, as well as school event solutions, such as ticketing and concessions. In addition, the company offers government fund accounting software; digital land records solutions, including AI indexing of information; computer assisted mass appraisal solutions; licensing and permitting solutions that include automation every step of the application, renewal, and payment process; and tax and revenue collection management solutions. i3 Verticals, Inc. was founded in 2012 and is based in Nashville, Tennessee.
Long Name i3 Verticals, Inc.
Market us_market
Market Cap 592,148,096
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_225709389
Most Recent Quarter 1,774,915,200
Net Income To Common -5,898,000
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 410,937,489
Number Of Analyst Opinions 4
Open 21.24
Operating Cashflow 13,742,000
Operating Margins 0.06539
Overall Risk 6
Payout Ratio 0.0
Peg Ratio 1.24
Phone 615 465 4487
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 21.2
Post Market Time 1,783,981,119
Previous Close 21.03
Price Eps Current Year 18.637363
Price Hint 2
Price To Book 1.3720795
Price To Sales Trailing12 Months 2.0208108
Profit Margins -0.020130001
Quick Ratio 0.371
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.17
Regular Market Change Percent 0.808369
Regular Market Day High 21.62
Regular Market Day Low 21.02
Regular Market Day Range 21.02 - 21.62
Regular Market Open 21.24
Regular Market Previous Close 21.03
Regular Market Price 21.2
Regular Market Time 1,783,972,801
Regular Market Volume 262,494
Revenue Growth 0.062
Revenue Per Share 12.262
Sand P52 Week Change 0.20847368
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 4
Shares Outstanding 19,549,833
Shares Percent Shares Out 0.16620001
Shares Short 3,249,413
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 3,267,152
Short Name i3 Verticals, Inc.
Short Percent Of Float 0.42380002
Short Ratio 6.12
Source Interval 15
State TN
Symbol IIIV
Target High Price 30.0
Target Low Price 27.0
Target Mean Price 28.5
Target Median Price 28.5
Total Cash 7,142,000
Total Cash Per Share 0.365
Total Debt 85,612,000
Total Revenue 293,024,992
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.11
Trailing P E 192.72728
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 24.2727
Two Hundred Day Average Change -3.0726986
Two Hundred Day Average Change Percent -0.12659073
Type Disp Equity
Volume 262,494
Website https://www.i3verticals.com
Zip 37,215